What Is Old National Bank?

Old National Bank is one of the oldest regional banks in the United States. Founded in 1834, the bank has expanded steadily over the years and now serves customers across several Midwestern states.

The institution offers a wide range of financial products, including:

• Personal checking accounts
• Savings accounts
• Certificates of deposit (CDs)
• Credit cards
• Home loans
• Auto loans
• Wealth management services
• Business banking solutions

Unlike giant national banks that sometimes feel impersonal, Old National Bank focuses heavily on relationship banking. That community-oriented approach is one reason many customers stay loyal for years.

Why People Consider Old National Bank

There are thousands of financial institutions available today. So why do consumers keep looking into Old National Bank?

The answer comes down to balance.

The bank combines traditional banking stability with modern financial technology. Customers get physical branch access, digital banking tools, fraud protection, and personalized support without dealing with the overwhelming complexity of mega-banks.

Here are a few reasons people choose it:

• Strong Midwest presence
• User-friendly mobile banking
• Competitive checking account options
• Financial planning services
• Business banking support
• Secure online banking features
• Large ATM network
• Community involvement

For customers who still value face-to-face banking but also want mobile convenience, Old National Bank sits in a comfortable middle ground.

Old National Bank Pros and Cons

Before opening an account, it helps to look at the positives and negatives side by side.

Pros

• Wide range of personal banking products
• Helpful customer support
• Strong mobile banking app
• Access to online bill pay
• Business banking options available
• Good fraud monitoring and account security
• Competitive loan products
• Branch access in multiple states
• Relationship-focused banking experience

Cons

• Savings interest rates may not beat online banks
• Monthly maintenance fees on some accounts
• Limited national branch footprint
• Certain premium features require minimum balances
• CD rates fluctuate depending on market conditions

Like most regional banks, Old National Bank performs best for customers who prioritize service and convenience over ultra-high online savings yields.

Checking Accounts at Old National Bank

Checking accounts are often the first thing consumers examine. Fortunately, Old National Bank offers several options tailored to different financial needs.

Everyday Checking

This is the standard account designed for routine banking activities.

Features often include:

• Debit card access
• Mobile deposits
• Online banking
• Bill payment tools
• ATM access
• Direct deposit setup

For many customers, this account works well as a primary spending account.

Interest Checking

Some checking products at Old National Bank earn interest, although rates are usually modest compared to high-yield savings accounts.

Still, earning something on your balance is better than earning nothing at all.

Student and Youth Banking

Younger account holders can benefit from beginner-friendly banking features, lower fees, and educational financial tools.

This makes Old National Bank appealing for families introducing teenagers or college students to money management.

Savings Accounts and CDs

Savings products matter more than ever in today’s economy. Consumers want emergency funds, retirement savings, and short-term growth opportunities.

Standard Savings Accounts

The bank offers traditional savings accounts with features like:

• Automatic transfers
• Digital account management
• FDIC insurance
• Online access
• Goal-based savings tools

However, customers looking strictly for the highest APY may find stronger rates at online-only banks.

Certificates of Deposit (CDs)

CD accounts at Old National Bank can appeal to conservative savers who prefer predictable returns.

Benefits include:

• Fixed interest rates
• Flexible term lengths
• FDIC protection
• Low-risk savings strategy

CDs work especially well for customers saving for future expenses like vacations, tuition, or home renovations.

Online Banking Experience

Modern banking lives or dies by digital convenience. Thankfully, Old National Bank has invested heavily in its online and mobile banking systems.

Mobile Banking App

The mobile app includes features many users now expect:

• Mobile check deposit
• Balance alerts
• Fund transfers
• Zelle integration
• Bill payments
• Transaction history
• Account monitoring

The interface is relatively clean and easy to navigate, which matters more than many people realize. A complicated banking app can quickly become frustrating.

Security Features

Security remains one of the strongest aspects of Old National Bank.

Customers benefit from:

• Multi-factor authentication
• Fraud alerts
• Secure login systems
• Account monitoring
• Debit card controls

In an era where identity theft and cybercrime continue rising, these protections add meaningful value.

Fees and Charges

No bank review is complete without discussing fees.

Monthly Maintenance Fees

Some accounts at Old National Bank charge monthly service fees. However, these are often avoidable if customers meet certain requirements, such as:

• Maintaining minimum balances
• Setting up direct deposit
• Using electronic statements

Always read account disclosures carefully before opening an account.

ATM Fees

The bank provides access to a broad ATM network, but out-of-network transactions may trigger charges.

Frequent travelers should pay close attention to ATM reimbursement policies.

Overdraft Fees

Like many traditional banks, Old National Bank may charge overdraft fees if transactions exceed available balances.

That said, customers can reduce risk through:

• Overdraft protection
• Balance alerts
• Linked savings accounts

Customer Service Experience

One area where regional banks often outperform larger competitors is customer service.

Many Old National Bank customers report positive experiences with branch staff and phone support representatives.

What Customers Usually Like

• Friendly branch employees
• Faster issue resolution
• Personalized assistance
• Easier communication
• Financial guidance

Unlike massive banking corporations, regional institutions often maintain a more community-centered approach.

Common Complaints

No bank is perfect.

Some users mention:

• Long wait times during peak hours
• Limited branch availability outside the Midwest
• Occasional app glitches
• Fee frustrations

Still, overall customer satisfaction appears relatively solid compared to industry averages.

Old National Bank Mortgage and Loan Options

Banking relationships often extend beyond checking accounts. Many consumers also need financing solutions.

Mortgage Loans

Old National Bank provides home financing options including:

• Fixed-rate mortgages
• Adjustable-rate mortgages
• FHA loans
• VA loans
• Home equity products

Borrowers appreciate working directly with loan officers who understand local housing markets.

Personal Loans

Personal loan products may help with:

• Debt consolidation
• Medical expenses
• Emergency costs
• Home improvement
• Major purchases

Approval terms depend on credit score, income, and debt-to-income ratio.

Auto Loans

Vehicle financing is another area where Old National Bank competes effectively with local lenders and credit unions.

Business Banking Services

Small businesses and entrepreneurs often need more than simple checking accounts.

Fortunately, Old National Bank offers:

• Business checking
• Merchant services
• Treasury management
• Commercial lending
• Payroll solutions
• Business credit cards

For Midwest-based businesses, having a local banking relationship can simplify day-to-day operations.

How Old National Bank Compares to Online Banks

Online banks usually dominate conversations around savings rates and low fees. However, traditional regional banks still offer several important advantages.

Where Old National Bank Wins

• Physical branch access
• In-person customer support
• Relationship banking
• Lending expertise
• Local community involvement

Where Online Banks Win

• Higher APYs
• Lower overhead costs
• Fewer account fees
• Better savings rates

The best choice depends on what matters most to you personally.

Is Old National Bank Safe?

Safety matters when choosing a financial institution.

The good news is that Old National Bank is FDIC-insured, meaning eligible deposits are protected up to federal limits.

Additional security benefits include:

• Encryption technology
• Fraud prevention systems
• Secure mobile banking
• Identity monitoring tools

For most consumers, the bank offers a strong level of financial security and institutional stability.

Who Should Use Old National Bank?

Not every bank fits every customer. Here’s who may benefit most from banking with Old National Bank.

Best For

Customers Who Want Branch Access

If you prefer speaking with real bankers face-to-face, this bank provides that experience.

Midwest Residents

Its strongest branch presence remains in Midwestern states.

Small Business Owners

The bank’s business tools and lending support make it attractive for local entrepreneurs.

Families Seeking Long-Term Banking Relationships

Relationship-focused service can be especially useful for families managing multiple financial products.

Who Might Want Another Bank?

Although Old National Bank has plenty of strengths, some customers may prefer alternatives.

It May Not Be Ideal For

• People seeking the absolute highest savings rates
• Customers who travel internationally often
• Users wanting nationwide branch access
• Fee-sensitive consumers unwilling to maintain balances

In those situations, online banks or national institutions could offer better value.

Key Features That Stand Out

Here are several standout features worth highlighting:

Real-World Banking Experience

Sometimes the biggest difference between banks comes down to everyday usability.

With Old National Bank, users often describe the experience as dependable rather than flashy. The bank may not offer the trendiest fintech features, but it generally handles the basics well.

That consistency matters.

A bank doesn’t necessarily need to reinvent finance. It simply needs to protect your money, process transactions efficiently, provide accessible support, and avoid constant headaches.

For many customers, Old National Bank accomplishes exactly that.

SEO-Focused FAQ Section

Does Old National Bank charge monthly fees?

Yes, some accounts include monthly maintenance fees. However, many fees can be waived through direct deposit or minimum balance requirements.

Is Old National Bank FDIC insured?

Yes. Eligible deposits at Old National Bank are protected by FDIC insurance within federal limits.

Does Old National Bank have mobile banking?

Yes. The bank offers a mobile app with features like mobile deposit, transfers, bill pay, and account alerts.

Is Old National Bank good for small businesses?

Many small business owners appreciate the bank’s local support, business checking accounts, and lending solutions.

Does Old National Bank offer mortgages?

Yes. Mortgage options include fixed-rate loans, adjustable-rate mortgages, FHA loans, and VA loans.

Can I open an account online?

Yes. Many personal banking accounts can be opened online through the bank’s digital application system.

Final Verdict on Old National Bank

After reviewing its accounts, fees, digital tools, customer service, and overall banking experience, it’s clear that Old National Bank remains a solid option for many consumers — especially those living in the Midwest.

It may not dominate headlines like giant national banks or flashy fintech startups, but that’s partly its strength. The bank focuses on stability, practical banking solutions, and long-term customer relationships rather than marketing hype.

If you want personalized banking, reliable mobile tools, branch access, and a broad mix of financial products, Old National Bank deserves serious consideration.